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GSH Corp in the black with Q2 profit of S$71.7m, helped by disposal gain

Saturday, August 5, 2017 - 05:50

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GSH Plaza at 20 Cecil Street. GSH Corp's directors have proposed a special dividend of one Singapore cent per ordinary share, which will be paid to shareholders on Sept 6.

Singapore

MAINBOARD-listed GSH Corporation saw its net profit soar to S$71.7 million in the second quarter - a reversal from a net loss of S$3.2 million in the previous year.

This was largely due to a disposal gain of S$74.9 million from the sale of the entire investment in Plaza

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